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First:Utility iSave v9 dual fuel tariff - be careful

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Comments

  • Yes sure thing, and the extra £55 for switching thanks to MSE.

    I also got EDF to extend my saver7 tariff that should end Dec 31st to the end of Feb 2011 to cover the time until I switch
  • I fear it could all end in tears for some of you but good luck, anyway....
  • smiler2
    smiler2 Posts: 14 Forumite
    Part of the Furniture Combo Breaker
    I fear it could all end in tears for some of you but good luck, anyway....

    A little pessimistic I feel. I blanket 25% energy price rise next year is unlikely considering energy wholesale prices are lower now, global economics should dampen energy demand and the USA has a huge glut of natural gas they cannot sell to the home market, BG bough some of it lately.

    So long as First Utility price rises are under 25% just means I am no worse off that staying with EDF fixed 2013, if First Utility do the dirt...I will switch again and settle or the 55 quid only.
  • Only time will tell. Have you ever searched for first utility threads on here?
  • flashnazia
    flashnazia Posts: 2,168 Forumite
    They also charge variable direct debits don't they? Off putting for those who prefer to spread the cost over the year.
    "fools and fanatics are always so certain of themselves, and wiser people so full of doubts." (Bertrand Russell)
  • An update after a year using this tariff. I was able to change my payment method to cheque, and to receive paper bills. First-utility did NOT levy their published £60 charge for this facility.

    Their bill format reported every month that I was accruing an end of year dual fuel discount.

    When the time came to receive the discount, this was not applied because I was not paying by direct debit.

    Referring to my price comparison calculation in January 2012, I still saved about £300, instead of the £480 expected.

    Comparing prices now with offers available, I could save a bit less than £50 by switching to another paper billing, cheque payment tariff, But I won't switch for less than £50. If F-U decide to start levying paper billing/cheque payment charges as well as suppressing the dual fuel discount, I will be out of there.

    It is my choice to have paper bills and pay by cheque, and I don't mind paying the associated fees.
  • Comparing prices now with offers available, I could save a bit less than £50 by switching to another paper billing, cheque payment tariff, But I won't switch for less than £50.
    £50 saving per year is still about £4 per month so why not switch?

    Don't forget that the annual cost from a comparison site is only an estimate based on last year's consumption and you could easily exceed that consumption this year if this weather keeps up for much longer.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
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